DSCR up to 8 units in Turkey, TX

DSCR loan in Turkey, TX is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Turkey, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Turkey, TX

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Turkey, TX can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Turkey, TX real estate investors have you covered.

Investment Opportunities in Turkey, TX

DSCR Loan Benefits in Turkey, Texas

Debt service coverage ratio (DSCR) loans in Turkey, Texas offer numerous advantages for borrowers. These loans provide a more secure financing option due to the stringent requirements set by lenders, ensuring better financial stability for borrowers.

Demographically, Turkey, Texas boasts a small but tight-knit community. With a population of approximately 403 residents, the town offers a friendly and welcoming atmosphere. The median age of residents is 32 years, making it an ideal place for families and young professionals.

In terms of the housing market, Turkey, Texas presents affordable real estate options for buyers. The median home value in the area is $52,000, making it an attractive location for first-time homebuyers and those looking to invest in a growing market.

Main attractions in Turkey, Texas include the Caprock Canyons State Park, known for its stunning natural beauty and recreational activities such as hiking and camping. Additionally, visitors can explore local eateries offering traditional Texan cuisine and experience the rich cultural heritage of the region.

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